Labor Markets In Asia: Issues and Perspectives

Hardcover | July 3, 2006

Pricing and Purchase Info

$221.00

Earn 1,105 plum® points

Prices and offers may vary in store

Quantity:

In stock online

Ships free on orders over $25

Not available in stores

about

Unemployment and underemployment are developing into Asia's most important long-term problems. On conservative estimates, the region is home to at least 500 million workers who are either unemployed or underemployed. For this reason, helping people as workers is critical for poverty reduction. A question being widely asked is why countries in the region manage to achieve high growth rates of GDP but the corresponding growth rates of employment are somewhat disappointing. Are supposedly rigid labour markets the reason? This volume argues that while labour market reforms may be necessary in some specific cases, by no means are labour market policies the main explanation for the widespread increase in unemployment and underemployment across Asia and country specific studies undermine the case for across-the-board labour market reforms.

About The Author

JESUS FELIPE is a Senior Economist with the Macroeconomics and Finance Research Division of the Economics and Research Department of the Asian Development Bank (Manila, Philippines). He is also a Research Associate at the Centre for Applied Macroeconomic Analysis (CAMA), Australian National University, Australia; and at the Cambridge ...